GOLDIAM INTERNATIONAL LIMITED
	REGISTERED OFFICE
	GEMS & JEWELLERY COMPLEX
	SEEPZ , ANDHERI (EAST)
	MUMBAI  -400096
	Unaudited Financial Results for the Quarter ended   30TH JUNE, 2008
							(RS.IN LACS)
		Unaudited		Audited Figures	Consolidated
Sr.	Particulars	Figures for the		for the year	Unaudited		Audited for
No.		Quarter Ended on		ended	For the Quarter ended on		year ended
		30.06.2008	30.06.2007	31.03.2008	30.06.2008	30.06.2007	31.03.2008
1	Net Sales/ Income from operations	1,892.88	2,053.87	9,411.43	6,579.06	6,049.21	28,064.75
	(Net of VAT)
2	Other Income	169.08	38.25	441.31	165.42	37.53	338.42
3	Total Income	2,061.96	2,092.11	9,852.73	6,744.48	6,086.74	28,403.18
4	Total Expenditure
a)	(Increase)/decrease in stock in trade	(51.28)	(67.14)	(299.62)	8.67	(119.83)	(395.23)
b)	Consumption of Raw Materials	1,375.92	1,720.65	7,294.18	5,140.28	5,100.14	22,823.43
c)	Purchase of Traded Goods	256.87	48.25	644.58	256.87	32.50	549.69
d)	Employees Cost	132.30	163.96	664.24	502.56	363.29	1,523.36
e)	Depreciation	37.95	48.40	182.45	76.05	91.24	342.71
f)	Other expenditure	554.93	265.09	1,278.72	698.97	506.12	2,368.65
g)	Total	2,306.68	2,179.21	9,764.56	6,683.40	5,973.46	27,212.61
5	Interest	4.17	10.72	36.43	55.66	73.00	277.72
6	Exceptional Items	-	-	-	-	-	-
7	Profit(+)/Loss(-) from Ordinary Activities before	(248.89)	(97.81)	51.75	5.43	40.28	912.84
	tax
8	Tax Expenses	3.48	2.62	62.13	0.91	2.52	95.20
9	Net Profit(+)/Loss(-) from Ordinary Activities	(252.37)	(100.43)	(10.38)	4.51	37.76	817.64
	after tax
10	Extraordinary Items ( net of tax Expense	-	-	-	-	-	-
	Rs.NIL       )
11	Minority Interest	-	-	-	(32.73)	(16.38)	96.18
12	Net Profit(+)/Loss(-) for the period.	(252.37)	(100.43)	(10.38)	37.24	54.14	721.46
13	Paid up Equity Share Capital	2,682.26	2,703.28	2,703.28	2,682.26	2,703.28	2,703.28
	(Face Value Rs.10/-)
14	Reserves excluding revaluation	-	-	14,749.33	-	-	16,365.45
	reserves
15	Earning Per Share (EPS)
	a) Basic and diluted EPS before Extraordinary
	items for the period for the year to date and
	for the previous year ( not to be annualised)	(0.94)	(0.37)	(0.04)	0.14	0.20	2.67
	b) Basic and diluted EPS after Extraordinary
	items for the period for the year to date and
	for the previous year ( not to be annualised)	(0.94)	(0.37)	(0.04)	0.14	0.20	2.67
16	Public Shareholding
	a) No. of Shares	13,077,014	13,302,263	13,287,263	13,077,014	13,302,263	13,287,263
	b) Percentage of shareholding	48.75	49.21	49.15	48.75	49.21	49.15
1	The above results for the quarter ended 30th June,2008 have been subjected to "Limited Review" by the Auditors of the Company and have been duly
	considered by the Audit Committee and were taken on record by the Board of Directors of the Company at its meeting held on 31st July, 2008
2	Consolidated financial statements of the Company and its subsidiaries have been prepared as per Accounting Standard AS 21 issued by The
	Institute of Chartered Accountants of India.
3	Three complaints received during the quarter have been replied/redressed.There were no complaints pending at the beginning and end of the quarter.
4	Tax Expenses includes Current Tax,Deferred Tax and Fringe Benefit Tax.
5	The Company has bought back 898861 equity shares through market operations till date.
6	The Board has decided to incorporate a wholly owned subsidiary in U.S.A. and the management is taking necessary steps to open the subsidiary.
7	The Stand alone results of the Company are available on the Company's website www.goldiam.com and also available on Mumbai Stock Exchange and
	National Stock Exchange websites www.bseindia.com and www.nseindia.com respectively.
8	The figures in Rs.Lacs are rounded off to two decimals.
	Segment wise Revenue,Results and Capital Employed under Clause 41of the Listing Agreement
		Unaudited		Audited Figures	Consolidated
Sr.	Particulars	Figures for the		for the year	Unaudited		Audited for
No.		Quarter Ended on		ended	For the Quarter ended on		year ended
		30.06.2008	30.06.2007	31.03.2008	30.06.2008	30.06.2007	31.03.2008
A	PRIMARY SEGMENT:
1	Segment Revenue :
	a) Jewellery	1,894.80	2,053.87	9,465.88	6,579.06	6,049.21	28,067.75
	b) Investments	167.16	38.24	386.85	165.42	37.53	335.43
	Total	2,061.96	2,092.11	9,852.73	6,744.48	6,086.74	28,403.18
	Less : Inter Segment Revenue
	Net Sales/ Income from operation	2,061.96	2,092.11	9,852.73	6,744.48	6,086.74	28,403.18
2	Segment Results :
	Profit/(Loss) before tax and interest
	a) Jewellery	(391.76)	(114.74)	(223.40)	(85.96)	98.49	932.88
	b) Investments	155.62	31.27	337.39	155.63	30.52	284.90
	Total	(236.14)	(83.47)	113.99	69.67	129.01	1,217.78
	Less : i) Interest	4.17	10.72	36.43	55.66	85.11	277.72
	ii) Other un - allocable expenditure (Net)	8.58	3.62	25.81	8.58	3.62	27.22
	Total	12.75	14.34	62.24	64.24	88.73	304.94
	Total Profit Before Tax	(248.89)	(97.81)	51.75	5.43	40.28	912.84
	Net Assets
	a) Jewellery	10,688.78	10,709.13	11,640.19	15,297.29	13,304.12	14,109.24
	b) Investments	5,606.83	6,172.91	5,073.92	4,165.68	5,160.62	3,310.67
	c) Unallocated assets / (Liabilties)	781.40	543.10	738.50	1,320.85	1,588.62	1,648.82
	Total	17,077.01	17,425.14	17,452.61	20,783.82	20,053.36	19,068.73
B	SECONDARY SEGMENT
1	Segment Revenue :
	Within India	(16.18)	(34.21)	(200.99)	(16.18)	(34.21)	(196.53)